The Path of Duty Down Under
Catherine James, Acting General Counsel and Executive General Manager, Corporate Affairs, Challenger Limited, Australia
The focus of this paper is on the priority duties owed by Australian life companies and their directors to policyholders and addresses how those duties operate where the policyholder is a superannuation fund trustee. It also analyses the very limited circumstances where an Australian life company may owe certain other direct duties to a member of an Australian superannuation fund.
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